Preferred stock

Related Terms:

auction rate dividend puttable cumulative priority voting liquidation redeemable putable noncumulative preferred preferred stockholder adjustable rate exchangeable common stock convertible

Definitions:

Noun

preferred stock preferred shares preference shares

Definition: stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights

Definition: Stock with a dividend, usually fixed, that is paid out of profits before any dividend can be paid on common stock and that has priority to common stock in liquidation.